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20121202
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an overhyped cliff. the deal is going to eventually get done and look more like what obama ran and run on than their pipe dream. >> why don't you think we've seen a concrete offer from the gop yet with regards to entitlement reform specifically? >> you know, it's interesting. you know, you didn't see that kind of demand for campaign-style running on platforms when you had previous successful bipartisan deals as in 1990, as in 1997. you had people who were willing to make a good fake deal with each other, and you had, i guess, a certain level of trust that you just don't have in this case. i think republicans feel that if they put up a counter offer, their own deal that doesn't mean there's going to be any progress towards a deal. it's just going to be more fodder for campaign-style events. >> but you'd have to be crazy to trust republicans to be negotiators of good faith on these issues when they already said that they cared more about political negotiations and their political interest than the actual economy. that's why their own base said don't take the debt ceiling and hold it hostage. tha
to pull a deal together. the real concern here is that president obama is drawing lines in the sand. some of the lines might not be able to be crossed by the republicans. that gets people increasingly worried that an overall deal can't be reached. hard to imagine in the short-term before cliff by the end of the year, they can't do something to bridge this in to a conversation next year. but when president obama says things through tim geithner that he said about raising tax rate and spend additional money, which is crazy, it makes people more concerned that a big overall grand bargain can't be reached next year. >> eric: martin, do you think a grand bargain won't be reached? >> i think it will. talk about what is going on now here first. you know, the president won the election. he campaigned on the basis of higher rates for the taxpayer income earners. no surprise. the republicans are asking shocked that the president is taking a tough line. i think they expect him to roll over and play dead. that is not the way things work in this town. he won the election. and he told the american peop
to make sense. people aren't talking about that. i don't think obama is pressured to deal with this because he got four more percentage points. >> this is the artificial crisis. the crisis of insufficiency, it's created by our actual policy. with a stroke of the pen, we can change it. with legislation like all issues that are difficult, they're difficult for a reason. it's tough to get their politically but the easiest way to go about it. let's get the numbers of visas way up there so it reflects at least some bit of reality and stop criminalizing human existence. >> business push on this as well. >> there's a business push. frankly, there's going to be a fight. even though business is on the same side as immigrant rights movement, there will be a fight between business and those groups. because business will probably, the chamber of commerce and others will want a more conservative kind of immigration reform. just to back up to your textbook example, what's important about this discussion is 15 years ago, this was not in the mainstream of discourse. it was a small group o
obama know that they are dealing with a republican-controlled house and whatever deal is found here, if one is found, is going to require negotiation and compromise. but everything we're seeing from the white house and president obama in his messaging and in his trip to pennsylvania on friday suggest that they believe they have the upper hand. they want the negotiations to begin with the allowing the tax breaks for the wealthiest americans to expire. and as doug said, it's true ta public opinion is on their side. public opinion overwhelmingly favors getting rid of the tax breaks for the top 2%. so i think what the white house believes is that the compromise and other areas. not on that topic. >> i want to move on to our next topic, which is burning questions. i'm going to pull a line if the latest article. the quote is some lawmakers will even be greeted with revelers singing politically themed christmas carols in the coming weeks. here's my question, what do you mean? >> that was an article about what some of the liberal groups that support the white house are doing to help push hi
the president in the room because m end this is a deal that will have to really be agreed to by the republican speaker of the house john boehner and the democratic president in the white house, barack obama. in the end that's where the deal is going to come. we're going to have to get his guys to vote with him, as well as nancy pelosi, who is the democratic leader. kind of pushing from what he wants. there were a lot of republicans who were not 5u8 that pleased with it saying he ought to be back here. there were some democrats that thought she -- right now where are we? we are almost a month after the election, the fiscal cliff we've been talking about since this summer. they put it off until after the election, and we're now a month past it, and we are finding that democrats describe the two sides as very far apardon. >> absolutely. one guy who has been pretty busy is treasury secretary tim geithner. i know you're going to have an interview with him on your show this morning. we look forward to that, candy. nice to see you on this sunday. >>> keep it here for "state of the union." it starts i
to leave anybody of of this deal, $223 billion. no do you suppose there is a reason that president obama likes to all the talk about those tax hikes, the top 2%? i wonder why. could it be that he wants to draw attention away from the 400 -- let's do that right here, 400 -- $4 billion projected by the congressional budget office, $494 billion of obamacare taxes that will hit not the 2%, not the 98%, but the middle-class, and they start hitting on january 1st, and it does not matter whether we go over the cliffor not. if you have not heard about those tax hikes, perhaps it is because the mainstream liberal media for some strange reason does not want to talk about the inconvenience impact of obama taxes on our middle-class. >> the bill is passed. lou: the house asses the stem emigration bill. some democrats call it racist and pandering. how is that? and republicans also introduced the achieve act. other reblicans taking the lead on emigration reforms? i am joined. forget the tech bubble, housing bubble, the student that bubble. the rush to college education is crushing economic futures. the
of the new deal, the hidden story of change in the obama era. in his book, he argues for increased investment in energy infrastructure. mike, welcome to the show. you say that the electrical grid is slowly actually improving. we have any of that change, would any of these changes we're talking about have had a different effect on what the people in the northeast went through as a result of hurricane sandy, or are we talking apples and oranges here. >> president obama had $11 billion for a smarter grid in his much maligned stimulus bill in 2009. and as a result, for instance, in the washington, d.c. area, the pepco utility was able to get just about everybody with their power back in two days, because with a smart grid, that's simply mixing up modern information technology with that ancient electrical grid we have got with smart meters and digital routers and sensors, they were able to figure out where the problems were on their grid and rout power around it, instead of trying to send out a million trucks to find out where their lines are down and find out who was without power, they were able
politics and new deal policies now talking obama care? >> these are clear analogies. it's the binge hangover thing. first you have a great piece of legislation that sounds great before the election. obama care. then it was the wagner act for labor social security was the new thing. after the election the changes. only due in 1937 all of a sudden that money was gone from the economy that was one of the reasons why we are talking now. they had a depression within the depression. stock market went down. >> let's be specific here. before the break we said we could see another bubble. before we saw the housing bubble a few years ago. we know what that is. is the bubble the amount of money that will be taken out of the economy because of obama care? >> in 37 actions 38 thu had-- 3 37 they had a bubble. the year after the election it popped. we are doing our bubble right now. coming up a pop that would mean further unemployment. they had a downturn, this is the bubbly period. that's what the fed was doing when it put money into the economy prior to the election. they had a benefit for the
" is shifting a little bit now, where there's a sense that, if president obama goes into his second term and poisons the environment so much that he can't get a deal and we go over the cliff it's going to be so toxic for year two, year three and year four. the president has to worry about his legacy. even though republicans might get blamed, this whole idea of the president bringing this country together, >> democrats have to be wary of. isn't it? >> i don't see it that way at all. look, the president has made a proposal. it may not be what everyone likes. i don't think it was an outrageous proposal. it's consistent with everything he said before. it's a proposal, a real proposal. the republicans have put nothing on the table. if we go over the cliff, it's not at all clear to the american people are going to blame the president as opposed to a party. >> the blame is real dispiriting because the idea of who's going to get the blame instead of figuring out how to keep it from happening is exactly what drives voters nuts. >> they might have to be aware of who's going to get the blame before
for here? >> let's not forget that neither president obama more speaker boehner have all that much running room. there are conservative republicans who are not going to vote for whatever deal is reached. there are liberal democrats in the house who are not iffing to vote for whatever deal is reached. the question is there a path in vote for whatever deal is reached. the question is there a pating vote for whatever deal is reached. the question is there a patng t vote for whatever deal is reached. the question is there a patging vote for whatever deal is reached. the question is there a patoing vote for whatever deal is reached. the question is there a path that -- where their interests intersect closely snuff? >> i want to get to 2016. it's been ages since we talked about the presidential election because what caught my fancy was that congressman ryan and senator rubio are both going to be at the center, as you guess, i believe rubio or ryan, one of them, is receiving the award. 2016 came to mind. if you are looking at either -- whichever one catches your fancy, the democratic landscape or
. >> shannon: who will blink first? the obama administration says the ball is in the g.o.p.'s court. republicans insist it's the president's turn to get serious about dealing with our country's debt. >> it's unfortunate that the white house spent three weeks doing basically nothing. >> this is a very carefully designed set of reforms. if republicans would like to go beyond these reforms, or they want to do it differently, they should tell us how they want to do it. >> i believe raising tax rates hurts our economy, hurts the prospects for more jobs in our country. >> shannon: as the sparring continues over the fiscal cliff, neither boehner nor geithner can say for certain that the country will not go over the edge. i'm shannon bream. america's news headquarters live from the nation's capital starts right now. >> shannon: we want to get to the budget standoff. peter doocy joins us live. there is time to strike a deal but not a lot. >> reporter: that's right. the speaker of the house john boehner made a point today to say there is not much time between election day and the end of the y
Search Results 0 to 10 of about 11

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